Hardware executive retires after 73 years
California Hardware has announced the retirement of John “Norm” Corvello, a sales representative in the San Francisco/Northern California territory since 1946.
Corvello’s hardware career stretches back to 1935, when he began working as a salesman for Baker Hamilton, a West Coast distributor purchased by California Hardware in 1974. His starting salary was $7 a week.
Corvello left the wholesaler to start his own business, owning a hardware store from 1946 to 1956. He is also a veteran of the U.S. Navy, having served in World War II and the Korean War.
In 1956, Corvello returned to Baker Hamilton, where he worked as a sales representative in Northern California until his retirement on June 30, 2008 at age 90.
“Norm [is] a big fan of vacation cruises. He and his wife Beverly plan to spend their upcoming free time traveling the open seas,” said Kelley Hoskins, vp-sales and merchandising for California Hardware. She noted that Corvello’s 73-year career “must be some kind of all time industry record.”
Based in Ontario, Calif., California Hardware is a wholesale distributor of hardware and building materials to 11 western states. The organization is a member of Distribution America.
KB Home had wider losses
National home builder KB Home saw wider losses in the second quarter, a further testament to weakness in the housing market throughout the United States.
Total revenues declined significantly, down 54 percent to $639.7 million from $1.41 billion in the same period last year. Losses for the second quarter were $255.9 million, wider than the $148.7 million in losses recorded in the same period last year.
The builder delivered 2,810 homes at an average selling price of $226,600 in the second quarter of 2008. Strikingly, in last year’s second quarter, KB Home delivered 4,776 homes at an average selling price of $271,600.
KB Home was hit with numerous charges, including a $176.5 million charge for inventory and joint venture issues, as well as the abandonment of land options contracts.
“Housing market conditions remain difficult for the home-building industry, with inventories of unsold homes expanding as foreclosures rise to record highs, and consumer confidence continuing to deteriorate amid signs of weakness in the general economy,” said Jeffrey Mezger, president and CEO. “Despite substantially lower home prices, relatively low interest rates and an abundance of choices, potential new home buyers remain reluctant to purchase a home.”
Los Angeles-based KB Home has operating divisions in nine states.
Debunking the myths of mold
If you control moisture, you control mold. If there is no moisture, there is no mold.
That’s the message delivered by Morrie Newell, staff officer for the Responsible Solutions to Mold Coalition (RSMC), whose group represents building materials companies, associations and government and academic organizations. The coalition released its Guiding Principles, a document designed to give dealers, builders and homeowners information on controlling moisture and, thus, mold.
The bottom line, according to the coalitions: mold spores are everywhere, and they can grow on virtually any surface where moisture is present. Consequently, controlling mold begins with moisture control through best building practices
“It comes down to water intrusion,” Newell said. “Water intrusion should be treated like a smoldering fire.”
Newell noted that water intrusion is not inevitable, but once it materializes, mold is sure to follow. No mold resistant product will work effectively if the building isn’t first properly designed, according to the RSMC. “Mold resistant products are wrongly marketed,” Newell said. “They are not the solution, they are backups, an insurance policy. People are increasingly looking for silver bullet answers when the key is a comprehensive approach that starts with keeping moisture out of the building.”
RSMC, sponsored by grants from USG Corp., National Gypsum and American Gypsum, released “Myths about Mold.” Here are four of them
Myth #1 Mold grows only on paper, wood and other organic material. Mold will grow on any surface, including glass, fiberglass and steel. Mold needs three things to grow: 1) mold spores, which are always in the air; 2) moisture; and 3) a food source. Houses are constructed using a variety of organic materials; therefore, the only effective strategy to control mold is to control moisture.
#2 Mold can be eliminated. Everyone benefits from some molds such as the species that led to the development of penicillin. Only “clean room” technologies can eliminate mold spores. Therefore, the only thing you can control in your home or office is moisture.
#3 Only experts can clean mold. Homeowners can clean small patches of mold using household detergents and warm water. After cleaning, rinsing and drying the spot where mold has grown, rubber gloves and cleaning cloths used in the process should be discarded. Larges patches of mold may need to be eliminated by trained professionals.
#4 Once mold starts, it will always be present. Mold can be stopped but only if moisture is minimized or eliminated. Therefore, leaks should be corrected as soon as they become apparent.